It is not uncommon for Vietnamese Americans to return to Vietnam to start a business in their twenties or thirties. For many, this return to the motherland is more than just a chance at a new career, it is a chance to find the true meaning in life. Tony Ngo and Don Le are known for founding Everest Education, an institute in Ho Chi Minh City which offers math and English enrichment courses, test preparation, college admissions consulting, and private tutoring to students from grades 1 to 12. Born and raised in California, with an MBA from Harvard Business School and a BA from Stanford University, Tony’s first visit to Vietnam was in the summer of 2007 for an internship at TPG Capital. “After graduating, I had many questions about the culture, the market, and the transformation happening in Vietnam. I wondered if I could contribute anything,” Tony shared during a phone interview with Tuoi Tre News . “Seven years later, I decided that if I didn't do a summer internship in … [Read more...] about Vietnamese Americans find career, home, identity in motherland
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Vietnamese man collects over a thousand reel to reel tape recorders in two decades
A man in Ho Chi Minh City has spent nearly 16 years collecting reel to reel tape recorders. Pham Quy Long, aka Tuan Akai, now owns a collection of reel to reel tape recorders and turntables worth nearly VND2 billion (U$86,600). Tuan Akai developed his interest in collecting the items after he saw a reel to reel tape recorder at a coffee shop. After asking the café’s owner to buy the recorder several times and being turned down, Tuan Akai insisted on convincing the owner to sell by visiting the venue constantly for three months until the owner finally agreed to sell it for VND6 million. (US$1 = VND 23,037) “I started collecting in 2006, and now have over a thousand devices,” Tuan Akai told Tuoi Tre News . “The emergence of social media has also made it easier for me to collect them. “My recorders were produced by many manufacturers including Akai, Teac, Pioneer, Sony, Studer, Revox and more, but mostly Akai. “That’s also why I got the nickname Tuan Akai.” … [Read more...] about Vietnamese man collects over a thousand reel to reel tape recorders in two decades
Vietnamese premier rings bell to close trading session at New York Stock Exchange
Vietnamese Prime Minister Pham Minh Chinh stopped over the New York Stock Exchange (NYSE) as part of his U.S. visit on Monday (local time) and rang the bell marking the end of the trading session at ‘The Big Board.’ PM Chinh expressed his pleasure to visit the NYSE, the world's largest stock exchange in terms of market capitalization, and to ring the bell closing the trading session. The premier hoped that the NYSE will give support and share its experience to help promote the development of an effective and sustainable stock market in Vietnam, and build a mutually beneficial partnership with Vietnamese partners, contributing to enhancing the Vietnam-U.S. comprehensive partnership. On this occasion, he witnessed the signing of two cooperation documents in the fields of finance, banking, and investment between Vietnamese and American companies, including the cooperation document between the State Securities Commission of Vietnam and the NYSE on providing support for market … [Read more...] about Vietnamese premier rings bell to close trading session at New York Stock Exchange
In Vietnam, lost twin sisters reunite after 47 years when registering new ID cards
Twin sisters in the south-central Vietnamese province of Binh Dinh were able to find each other after losing contact for 47 years thanks to the country’s recent chip-based ID card issuance campaign. Police in Hoai Nhon Town, Binh Dinh Province, helped 62-year-old local woman Mai Thi Ben obtain information about her real hometown and twin sister during the campaign, Colonel Vo Van Thanh, head of the police unit, said on Thursday. During the process of verifying information to issue the chip-mounted ID card for Ben, the unit detected a facial duplication case, according to Thanh. The police officers then suspected that Ben may be the twin sister of Do Thi C., a woman living in Tuy An District in neighboring Phu Yen Province that had been provided with her new ID card in March. “We invited Ben for a working session and learned that she had got lost from her family in 1975 before she was adopted by new parents in Hoai Nhon Town and has been living there until now,” Thanh said. … [Read more...] about In Vietnam, lost twin sisters reunite after 47 years when registering new ID cards
Sizzling weather disrupts life for Vietnamese living in India
He said: "This is horrible. I always leave the air conditioner on and limit heading out as much as possible." He added that the unbearable heat him makes him tired and causes headaches. Truong Thi Kieu Minh said it is the hottest she has experienced during her 15 years in New Delhi. "It is just the beginning of the summer, but it is already too hot for me to handle." She said the heat is already driving her "crazy" and feared it might get worse. She expects temperatures to rise to around 50 degrees in June and July. Vietnamese living in India are struggling to cope with the scorching temperatures as a record heatwave sweeps through the nation, forcing them to drastically change their daily routines. India recorded its third-hottest April in the past 122 years according to the meteorological department. The average maximum temperature was 35.3 degrees, just behind the 35.42 degrees Celsius in 2010 and 35.32 degrees Celsius in 2016, the Indian government said in a recent … [Read more...] about Sizzling weather disrupts life for Vietnamese living in India
Long-lost twins reconnect after 47 years through ID card registry
Mai Thi Ben, 59, was informed by police that she had the exact same face as another woman in Phu Yen, who lives about 175 kilometers away. Police of Binh Dinh’s Hoai Nhon Town on Thursday said they were cooperating with police of Phu Yen’s Tuy An District to help Ben reunite with C, her long-lost twin sister. Previously on Monday, police of Hoai Nhon informed Ben she could not have an ID card made since her face matched that of C, who got her card back in March. Thinking they may be twins, police visited Ben’s home, while requesting police of Tuy An District to contact the other woman. Both were later confirmed as twins. Ben said her family was poor, so her parents had sent her to live with a relative in Binh Dinh when she was 5-6 years old. When she was 7-8 (in 1971), Ben tried to return home in Phu Yen. She got lost along National Highway 1, and a woman who sold rice paper took her home. After simultaneously working and studying, she got married at 18. Ben said she missed … [Read more...] about Long-lost twins reconnect after 47 years through ID card registry
Vietnamese striker’s bra-like vest during SEA Games semifinal grabs online attention
The online world in Vietnam has been discussing the strange shape of the GPS vest that striker Nguyen Tien Linh wore beneath his jersey during the men’s football semifinal against Malaysia on Thursday night. Vietnam U23s defeated their Malaysian counterparts 1-0 in extra time in Thursday’s Southeast Asian Games semifinal thanks to the only goal scored by Tien Linh in the 111th minute. The moment the striker took his jersey off to celebrate the goal in an exploding atmosphere, many football supporters across Vietnam, though overwhelmed with joy, noticed that the player was wearing an under-shirt vest that, to some, resembles a sports bra. The vest, which is strange to many people, then started a widespread online discussion, where curious netizens questioned what the item exactly is. For people who are football fans, they might already have the answer. The vest that footballers wear under their jerseys, and sometimes over them during training, is a piece of equipment … [Read more...] about Vietnamese striker’s bra-like vest during SEA Games semifinal grabs online attention
Vietnamese stocks see world-leading growth
Many blue-chip stocks are at attractive price ranges for investment A significant increase On May 17, Vietnam's stock market had a breakthrough session, reaching the highest point globally with the VN-Index rising by more than 56 points (+4.8 per cent) and crossing the threshold of 1200 points. All key stocks in the VN-30 group gained, in which many codes in the banking, consumer, and retail sectors grew strongly. The Masan shares of billionaire Nguyen Dang Quang increased to their limit of VND96,500 ($4.20) per share, with nearly 1.6 million units transferred. Foreign investors bought more than 500 thousand. This is a major breakthrough for the consumer-and-retail giant as other stocks have been on a downward trend over the past weeks. This is in line with the declining trend worldwide and pressure from local retail investors to sell-off. However, the demand from institutional investors for large and industry-leading stocks showed signs of strong growth. A … [Read more...] about Vietnamese stocks see world-leading growth
Greece wants to be transshipment hub for Vietnam goods to EU
Greece lies at the juncture of Europe, Asia, and Africa, connecting important global trade routes. Greece hopes to expand trading relations with Vietnam after the ongoing visit paid by Greek President Katerina Sakellaropoulou. Greek President Katerina Sakellaropoulou welcomed in Hanoi on May 16. Photos: The World and Vietnam The Hellenic Republic expects to be a gate for Vietnamese goods to the European Union (EU) harnessing the EU-Vietnam Free Trade Agreement (EVFTA), according to Greek Ambassador to Vietnam Georgios Stilianopoulos, noting that Greece is one of the first countries ratifying the partnership and cooperation agreement (PCA) and approved the EU-Vietnam Investment Protection Agreement (EVIPA). Its geography allows Greece to connect to Europe, the Middle East, and the Black Sea, Stilianopoulos said, stressing that the Covid-19 pandemic has prompted a surge in demand for flexible supply chains. Being an EU member located at the juncture of the … [Read more...] about Greece wants to be transshipment hub for Vietnam goods to EU
SEA Games football final: Park calls Thailand approach ‘perfect’
"Thailand are tough to beat. In the last five games, they scored 15 goals and only let their opponents score twice. And that's after they got the red card in their match with Malaysia. So, it's not possible to have an exact estimate on their defensive capabilities," Park told a Saturday press meet. "Their playstyle is truly perfect. Each team, of course, have their own strengths and weaknesses. The midline of Thailand's offense is very good, with many strong, quick and skillful players. Vietnamese players would need to cover each other and defend well." Despite having entered the final without letting their opponents score even a single goal, Vietnam are still facing criticism, especially regarding their offensive lineup. "We're only a match away from the gold medal. Fans hold high expectations, and that puts pressure on players. But in my opinion, they should learn to rise above that," said Park, adding that the team would prepare their best for the game. Vietnam and Thailand … [Read more...] about SEA Games football final: Park calls Thailand approach ‘perfect’